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The aim of the study was to investigate the effects of online sports betting on the perceived economic wellbeing of student-athletes using the regression analysis with an interaction effect used to test the effect of demographic variables on the relationship between dependent and independent variables. Correlation analysis was used to test the relationship between independent variables. The findings reveal that there was a positive and significant association3 between gambling severity and economic wellbeing. The study revealed that students’ sports bet online with large amounts of money to get the feeling of excitement. Sports betting leads to overspending which can disrupt home life to such an extent that it has some social effects such as the break-up of families. Sometimes due to sports betting the only deceptive course of action that seems to remain too often may lead the bettor to commit suicide.

This study investigates the effects of online sports betting on the perceived social wellbeing of student-athletes using a cross-sectional survey methodology with a sample of 38 universities. Findings of the study demonstrate that (i) there was a positive and significant association between gambling severity and social wellbeing, (ii) gambling severity and social wellbeing of students are positively and significantly related, (iii) demographic factors have a significant interaction effect on gambling severity and social wellbeing relationship. This paper also exhibited that gamblers were disappointed after online sports betting efforts and that fatigue and sleep disturbances were common after a loss or victory on online sports betting. Problem gamblers should be introduced to treatment or rehabilitation programmes that will help them to overcome their addiction to online sports betting.